Cyprus leaders head to Brussels | Bangkok Post: news

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Cyprus leaders head to Brussels

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Cyprus President Nicos Anastasiades and party leaders are travelling to Brussels for critical talks with the EU on measures aimed at staving off bankruptcy for the island. 

The delegation was to depart at lunchtime and return to Cyprus late on Saturday or on Sunday, a day ahead of a deadline to adopt the measures aimed at raising 5.8 billion euros (US$7.5 billion) in order to secure a 10-billion-euro bailout, the official CNA news agency reported.

Cypriot politicians are facing increasing pressure to rethink their rejection of a levy on bank deposits, as the deadline approaches.

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